Further to the previous announcements made at the account closing on August 4, 2010, Isuzu Motors Limited (the "Company") announces following changes in the first half of FY2011 consolidated financial performance

1.

Changes made in the first half of FY2011 consolidated performance (for the period starting from April 1, 2010 and ended September 30, 2010).

(Unit: Millions of Yen, or %)

Net Sales

OperatingIncome

OrdinaryIncome

Net Income

Net Incomeper Share

(A)

Previous forecastas of Aug 4, 2010

740,000

38,000

37,000

20,000

Yen11.80

(B)

Changed
as of Nov. 8, 2010

724,879

46,754

47,656

29,198

Yen17.23

Changes (B - A)

(15,120)

8,754

10,656

9,198

-

Changes in %

(2.0)

23.0

28.8

46.0

-

Previous year's actual (April 2009- Sep. 2009)

442,848

(20,017)

(23,580)

(27,768)

Yen(16.39)

2.

Reasons for changes:

The financial projection announced this time have exceeded the financial projection announced on August 4, 2010 in terms of operating income, ordinary income and net income for the first half of FY2011 thanks to mainly cost improvement.